Source text - EnglishNOW, THEREFORE, in consideration of the premises and the agreements hereinafter set forth, it is covenanted and agreed as follows:
1. Waivers by X and Y to Each Other’s Separate Property.
Whenever used in this Agreement, the terms “separate property” and “separately owned property” shall mean a present interest, legal or equitable, vested or contingent, in real or personal property, tangible and intangible, of a party hereto in his or her sole name of any kind and wherever located and however acquired by such party before the date of this Agreement, and an interest, present or future, legal or equitable, vested or contingent, in real or personal property, tangible and intangible, of a party in his or her sole name of any kind and wherever located and whenever acquired by such party, either before or after the date of this Agreement, by bequest, devise, gift or inheritance, either outright or in trust for the benefit of such party from any source other than the other of them, including, but not limited to, all property acquired in exchange for said separate property, income derived from and accretions to said separate property beneficially or legally held prior to or after the marriage of the parties and appreciation of value in said separate property prior to or after the marriage of the parties.

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